Real Estate Moat Stocks

This sector includes mortgage companies, property management companies, and REITs (Real Estate Investment Trusts). REITs typically own multiple properties of one or more real estate type such as apartments, shopping malls, data storage centers, and office buildings. Here we highlight companies with a wide or narrow economic moat. An economic moat is a durable competitive advantage that allows a company to earn excess returns on capital for a long period of time and keep competitors at bay. Morningstar analysts assign every company they cover an economic moat rating of wide, narrow, or none.